Annual GDP growth in Aruba
Aruba: Annual GDP growth was 4.3% in 2023. ◆ Volatile
Annual GDP growth in Aruba, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Aruba is 4.3%, measured in 2023.
That represents a change of down 50.0% on the previous year and down 33.7% over ten years.
Over the whole period, annual gdp growth in Aruba peaked at 24.1% in 2021 and was at its lowest, -26.2%, in 2020.
That places Aruba 67th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -11.7% | 7.6% | 10 |
| 2010s | 1.3% | -2.7% | 7.0% | 10 |
| 2020s | 2.7% | -26.2% | 24.1% | 4 |
Countries ranked near Aruba
More economy & growth data for Aruba
- External balance on goods and services as a percent of GDP 7.8% (2024)
- Inflation of consumer prices 4.3% (2019)
- GDP per capita 33,939 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 2.4% (2023)
- Gross domestic product (GDP) 3.67 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 33,939 constant 2015 US$ (2024)
- DEC alternative conversion factor 1.79 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -143.03 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -79.90 million current US$ (2024)
- Taxes less subsidies on products 861.28 million current LCU (2023)
Frequently asked questions
- What is annual gdp growth in Aruba?
- Annual gdp growth in Aruba was 4.3% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Aruba?
- The highest recorded value was 24.1% in 2021.
- What is the lowest annual gdp growth recorded in Aruba?
- The lowest recorded value was -26.2% in 2020.
- How does Aruba rank for annual gdp growth?
- Aruba ranks 67th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Aruba?
- Over the last ten years it is down 33.7%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%)